POLL: Where will Wall Street Invest Their Tax-Cut??

Discussion in 'Politics' started by kyzr, Dec 15, 2010.

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Where will Wall Street invest their tax cuts...the US or overseas?

  1. Investors will invest their tax-cuts in the US to create US jobs

    0 vote(s)
    0.0%
  2. Investors will invest their tax-cuts overseas to maximize profits

    8 vote(s)
    88.9%
  3. Investors will bank their tax cuts, the global economy is too shaky

    1 vote(s)
    11.1%
  1. kyzr
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    kyzr Gold Member

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    I listened to the businessmen expound on where to invest. Their advice is usually to invest in Asia, where workers are productive and the countries know how to manage their natural resources. So I want to take a poll on where it is smarter to invest, in Asia or in the US (to create jobs)

    Irony is borrowing from China to pay tax cuts to the wealthy to invest in China...the only ones who suffer are US kids who have to take the brunt of what happens when the US economy collapses from the excessive borrowing....
     
  2. Avatar4321
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    Avatar4321 Diamond Member Gold Supporting Member

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    They aren't getting a tax cut
     
  3. The T
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    The T George S. Patton Party Supporting Member

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    Bingo. Even keel.
     
  4. kyzr
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    kyzr Gold Member

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    Their taxes will go up unless the "Bush Tax Cut" is extended. They are passing a tax cut.
    The Clinton/Newt budget had a small $150b surplus that would pay down the $5T Debt. Now the Bush-Obama Debt is projected to be $22-Trillion.

    They are borrowing money from China to give tax cuts to the wealthy, who will most likely invest the tax cut in Asia. Many are saying that the US will end up like Greece-Ireland-Italy-Portugal-etc and the economy will collapse because we won't be able to pay for all the money we borrowed.
     
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  5. loosecannon
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    loosecannon Senior Member

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    bears repeating
     
  6. rdean
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    rdean rddean

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    POLL: Where will Wall Street Invest Their Tax-Cut??

    The will follow the lead of the Republican leadership: China.
     
  7. Avatar4321
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    Avatar4321 Diamond Member Gold Supporting Member

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    Keeping the tax level the same is not a tax cut.

    The only tax that is decreasing is the payroll tax which is on a year holiday. That is going to workers. Not Wall Street.
     
  8. Douger
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    Douger BANNED

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    If they are smart ? South America. Yeah.. With an A.
     
  9. The Rabbi
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    The Rabbi Diamond Member

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    And teh sad thing is you can never convince them of this. In the liberal mind the fact that taxes aren't going up is equivalent to a tax cut. We can repeat that over and over, we can demonstrate it, we can draw analogies but they can never get it through their little walnut brains that no one is getting a tax cut.
     
  10. The T
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    The T George S. Patton Party Supporting Member

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    But it's so much fun to decry the 'rich'...it's an albatross they string freely about their necks.
     

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